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336 Settlement Rd 4,090 SF Industrial Condo Unit in Thomastown, VIC 3074
Investment Highlights
- Secure gated estate offering full CCTV and security infrastructure.
- Main road frontage delivering outstanding brand exposure.
- Remote-control roller door and three-phase power connection.
- Strategic location: near Thomastown Station, 30 mins to CBD, 17 mins to Tullamarine.
Executive Summary
326 Settlement Road, Thomastown, is a high-visibility industrial property comprising approximately 2,896 m² of modern warehouse and office accommodation within a secure, gated estate. Additional enhancements include motorized roller door access, three-phase power, full security system. Located with direct frontage to Settlement Road, the site benefits from prominent exposure and excellent accessibility to key transport networks—approximately 30 minutes from Melbourne CBD, 17 minutes to Tullamarine Airport, and moments to Preston and Greensborough. Surrounded by major occupiers including Bunnings, Stratco, and Harvey Norman, the asset offers a strong location profile in a high-demand industrial corridor.
1 Unit Available
Unit 1
| Unit Size | 4,090 SF | Sale Type | Investment |
| Condo Use | Industrial |
| Unit Size | 4,090 SF |
| Condo Use | Industrial |
| Sale Type | Investment |
Description
The internal configuration comprises a high-clearance clear-span warehouse with racking capability and direct loading access via a motorized roller door, supported by three-phase power. A bonus mezzanine level of approximately 24 m² offers additional storage functionality. At the front of the premises, the 58 m² first-floor office space is finished to a corporate standard with heating, cooling, and natural light via full-height glazing. Ancillary amenities include lunchroom facilities with a Zip hot water system, male and female toilets, and allocated on-site car parking. Designed for flexibility and operational efficiency, this asset provides enduring appeal for a range of industrial and logistics operators.
Sale Notes
1/326 Settlement Road represents a premium industrial investment in one of Melbourne’s most established northern industrial precincts. Combining a robust tenancy covenant with functional, modern improvements, this asset delivers security and performance for discerning investors.
The property features approximately 380 m² of building area incorporating high-clearance warehousing supported by a 58 m² fully fitted office suite with an elegant glass façade and integrated climate control. Operational flexibility is further enhanced by a motorized roller door, three-phase power, mezzanine storage, and secure site enclosure for ease of access and functionality.
Positioned within a gated estate on Settlement Road, the property commands main-road exposure and seamless transport connectivity, appealing to a diverse tenancy profile. With income generated under a 3 + 3-year lease structure, commencing October 2025 at $55,000 per annum plus GST and outgoings, investors will benefit from stability alongside long-term rental growth opportunities in a market where industrial vacancies remain historically low.
Warehouse space
Warehouse space
Office space
Property Facts
| Total Building Size | 31,172 SF | Floors | 1 |
| Property Type | Industrial (Condo) | Typical Floor Size | 31,172 SF |
| Property Subtype | Warehouse | Lot Size | 2.21 AC |
| Building Class | C |
| Total Building Size | 31,172 SF |
| Property Type | Industrial (Condo) |
| Property Subtype | Warehouse |
| Building Class | C |
| Floors | 1 |
| Typical Floor Size | 31,172 SF |
| Lot Size | 2.21 AC |
Amenities
- Mezzanine
- Security System
- Automatic Blinds
- Air Conditioning
- Perimeter Security Fence
Presented by
336 Settlement Rd
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